Press Release

RBC Bank CEO Rocks Out For Local Students

Raleigh, N.C. – October 13, 2010 – RBC Bank last night presented a $25,000 check to the Boys & Girls Clubs of Metro Atlanta (BGCMA) at a benefit concert the bank hosted in Buckhead. RBC Bank CEO Jim Westlake and his rock band The Performing Assets, a group of RBC employees, performed for a crowd of bank employees, clients, Boys & Girls Club supporters and community members who brought canned food items to be donated to the organization for children who may not receive adequate food at home.

“At RBC Bank, our involvement with the Boys & Girls Club is an important way for our company to give back to our communities and to invest in our children’s future,” said Reggie Davis, president of RBC Bank.

Davis presented the check to BGCMA President William Lampley after the band concluded its first set. The bank’s donation will be used to support quality youth development programs that empower Atlanta youth, especially those from disadvantaged circumstances, to become productive adults. Last year, BGCMA served more than 17,000 children and teens, many of whom are from economically disadvantaged (84%) circumstances and live in single-parent households (65%). Cans of food were also collected at the door, and will be provided to Boys & Girls Club children who need additional food at home.

”We are grateful to be the beneficiary of last night’s concert,” said Lampley. “The concert was full of fun, energy and community spirit. RBC Bank’s support allows BGCMA to continue addressing critical needs of today’s youth and provide programs that change lives every day.”

About RBC Bank

RBC Bank, headquartered in Raleigh, N.C., offers a wide range of financial services and advice to individuals, businesses and public institutions throughout the Southeast. RBC Bank’s network includes more than 420 full-service banking centers in six states (Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia), an extensive ATM network and telephone and online banking. RBC Bank is the 38th largest U.S. bank by consolidated assets, according to SNL Financial’s List of the Nation’s 50 Largest Banks, September 2, 2009. RBC Bank is a wholly-owned subsidiary of Royal Bank of Canada (RBC) (RY on the TSX and NYSE), Canada's largest and most stable bank as measured by assets and market capitalization. In August 2009, Global Finance Magazine ranked RBC as the safest bank in the Western Hemisphere. RBC is also one of the world's financial, social and environmental corporate leaders, having appeared on the Dow Jones Sustainability World Index every year since its creation in 1999. Additional information about RBC Bank may be found at www.rbcbankusa.com.

About Boys & Girls Clubs of Metro Atlanta

Boys & Girls Clubs of Metro Atlanta’s mission is to provide a quality developmental program that empowers metro Atlanta youth, especially those from disadvantaged circumstances, to become productive adults. Through 26 Clubs in 11 metro counties, trained and professional staff serve more than 3,000 disadvantaged youth (ages 6-18) daily through programs that foster academic success, healthy lifestyles and character and leadership development. BGCMA also has Camp Kiwanis, a 160-acre outdoor residence camp, and the Youth Art Connection (YAC), a gallery and workspace for young artists. In order to effectively serve those who need us most, BGCMA asks families to pay annual membership dues of only $35 per child and no child is turned away due to inability to pay. For more information, please visit www.bgcma.org.